Mer Rouge, LA—71261
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mer Rouge, LA
As of Oct '25, the median home price in Mer Rouge, LA is $79,000, with a year-over-year change of -18.6%. This indicates that home prices in Mer Rouge, LA are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $79,000 | -18.6% |
| Single Family | $79,000 | -18.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $96,000 | -20.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mer Rouge, LA
Mer Rouge, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mer Rouge, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mer Rouge, LA is 124. This is a increase of 254.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $118,000 | 4.0% |
Listing Count | 7 | 46.0% |
| Listings as % of Homes | 0.3% | 46.0% |
Days on Market | 124 | 254.0% |
Demographics — Mer Rouge, LA
As of the latest ACS Survey released in 2023, Mer Rouge, LA has a population of 1,430, which has increased by 26.5% over the past 5 years. Mer Rouge, LA is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,430 | 26.5% |
% Under 18 | 18.3% | 79.4% |
% Seniors | 37.7% | 7.1% |
% WFH | 2.6% | 333.3% |
% w/ College Degree | 9.7% | 1.0% |
Mer Rouge, LA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.9% | -11.2% |
% Black | 39.7% | 18.5% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Mer Rouge, LA
According to HUD data as of 2023, there were 18 mortgage originations in Mer Rouge, LA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Mer Rouge, LA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Mer Rouge, LA
Mer Rouge, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | -$1,290 | $2,500 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Mer Rouge, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $79,000 |
| Median Household Income | $30,600 |